Vance Downplays Iran Conflict as Oil Prices Surge

Vice President JD Vance declined to call the U.S.-Iran conflict a war, saying there is no active shooting, despite ongoing attacks. He said the U.S. strikes are a response to Iran targeting commercial vessels in the Strait of Hormuz. The conflict has pushed Brent crude prices above $95 per barrel, up from $72 before the fighting began.